WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Apr 29, 2014 / 14:44

Japan pulls out of Vietnamese shrimp market

Japanese investors are pulling out of the Vietnamese shrimp market due to excessively high levels of oxytetracycline (OTC), according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

The decision was made due to the continuing detection of unacceptably high levels of OTC in shrimp shipments, despite prior warnings and the fact that it is public knowledge that virtually all Vietnamese shrimp exports are inspected for the antibiotic.

VASEP said that the Japanese importers are considering importing shrimp from India and Indonesia.

VASEP warns that unless local shrimp businesses strengthen self-regulation of OTC they will fail to penetrate the Japanese market.